Why the SEC Is Probing Guggenheim's Ties With Bob Diamond

The video discusses an investigation into Guggenheim's potential inappropriate steering of client funds into Bob Diamond's firms, Atlas Merchant and Atlas Mara. It highlights the extensive ties between Guggenheim and Diamond, which may classify them as affiliates. The video also covers recent challenges faced by Guggenheim, including a $20 million SEC fine and the departure of numerous investment professionals. The investigation is ongoing, with no comments from involved parties. The historical relationship between Guggenheim and Diamond, dating back to their time at Morgan Stanley and Credit Suisse, is also explored.

What has been the performance of Atlas Mara since its IPO?

How did the relationship between Guggenheim and Bob Diamond develop over the years?